...ECON 2113 Homework 2 L4 Hu Weiwei 20268464 Xu Lili L4 Hu Weiwei 20268464 Xu Lili 1a. The demand curve is estimated as Qd = 1600-2400P and the supply curve for pay telephone service is Qs = 200+3200P. When equilibrium is reached, the quantity demanded is equal to the quantity supplied. Thus, we can solve 1600-2400P = 200+3200P to find out the equilibrium price. By calculation, the equilibrium price P = $0.25. Substitute P = $0.25 into the demand curve equation, Q = 1600-2400(0.25), the equilibrium quantity Q = 1000. Therefore, the equilibrium price is $0.25 and the equilibrium quantity is 1000 pay telephone calls per month. 1b. With the effective price ceiling at $0.10 on local pay phone service in long run, it is below the equilibrium. Since the quantity demanded is larger than the quantity supplied after the price ceiling is imposed, shortage is resulted. As the price is restricted at $0.1, though Qd = 1600-2400(0.1) = 1360, Qs = 200+3200(0.1) = 520 < Qd = 1360. The quantity supplied is not enough to satisfy the quantity demanded. It results in a shortage of 1360-520 = 840 pay telephone calls per month.Therefore, the maximum quantity...
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...Unit 4: Project Keys Fan Piano University HU 300 – Art and Humanities August 4, 1999 Happiness and liberty were clearly a motivating force during the fight against desegregation in the 1950s. The student leaders in African American community began to take the stage under the spotlight by emerging with immense power and energy. Barbara Rose Johns possessed an important quality to being a successful leader and that quality, understands leadership is a communal effort not singular. Barbara displays this understanding when she led the student strike at Robert R. Morton High School in Farmville, Virginia. At only 16 she stood before the faculty and student body in a staged assembly and demanded the teachers leave the auditorium as she wanted to address students only. Leading the strike against her school was out of character for Barbara, who is described as “quiet and studious,” she was inspired by the likes of notable African American leader Booker T. Washington and Richard Wright, and she read books written by both men. The students who lead the strike at Morton High School had to embrace the racism that kept their school in horrible conditions, as they embraced the challenge to change the conditions; they also embraced rebellion, adversity, and independence. Brown v. Board of Education of Topeka was the most influential case in history of the National Association for the Advancement of Colored People (NAACP) that led to the end of segregated schools and the strike at...
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...The following project topic is completed on st john’s wort the herb. In this text I will explore and discuss what makes st john’s wort a very appealing and effective drug in today’s market based on the following topics. Description, background, active ingredients, routes of administration, pharm kinetics, pharm dynamics, clinical trials, and toxicity. | St. John's Wort (Hypericum perforatum L.) Description St. John's wort is an herb with a five-petaled yellow flower that grows native in most of Europe West Asia, North Africa, Madeira and the Azores, (Christopher Hobbs 1998) it is considered an invasive species in North America and Australia. A herbaceous perennial commonly found wild up to a height of 1 to 3 feet in, woods, hedges, roadsides. Leaves are a pale green; oblong in shape with slightly translucent dots hence oil glands which can be seen on holding leaf up to a light. It has bright yellow flowers 5 petals; ovary pear-shaped with three long styles. It can be seen in Bloom from June to August in which many small round black seeds can be seen. Odour is turpentine taste is bitter, astringent and balsamic. (A modern herbal mrs.M.Grieve) Background Hypericum perforatum or commonly named as St john’s wort got it common name from early Christians named after John the Baptist due to the blooming of its brightly coloured flowers before and on the 24th of June the day celebrated as his birthday. Whilst the botanical name hypericum perforatum comes from the Greek...
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...8-bit microprocessor KR580VM80AOA with the following characteristics: 1. CPU: KR580VM80A0A. 2. RAM: 24 KBytes 3. ROM: 40 KBytes 4. Controlling for parity. 5. Number of digital inputs: 8. 6. Number of digital outputs: 8. 7. Interrupt controller, with a fixed order of service. 8. DMA channel. 9. Serial channel. 10. Timer / counter. Content Introduction 1. The description of applied elements 2.1 Microprocessor KR580VM80A 2.2 Oscillator of clock pulses KP580ГФ2 2.3 Control unit of interruptions KP580BH5 2.4 System control unit KR580VK28 2.5 Programmed consecutive interface KR580VV51 2.6 Control unit of the keyboard and display KR580VV79 2.7 Microcircuit of random-access memory K537PУ17 2.8 Microcircuit of ROM K573PФ6 2.9 Microcircuit of decoder K155ID3 2.10 Microcircuit K514ИД2 2.11 Buffer register 1533АП5 2. Calculation part 3.12 Calculation and planning of address space of memory 3.13 Construction of circuit designs of decoding of addresses of memory 3.14 Calculation and planning address for input-output devices 3.15 Construction of circuit designs of decoding of addresses of input-output devices 3. The block diagram 4. A circuit diagram Conclusion Reference list Introduction In the given academic year project the microprocessor complete set of series KP580...
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...Teaching the Costs of Uncoordinated ; Supply Chains Charles L. Munson • Jianli Hu College of Business and Economics, Washington State University, PO Box 644736, Pullman, Washington 99164-4736 munson@'ivsu.edu • hu@mail.wsu.edu , Meir J. Rosenblatt (deceased) formerly Professor at Washington University in St. Louis, Missouri, and Technion—Israel Institute of Technology This paper was refereed. Supply-chain management has become a prominent area for teaching and research. Academics and managers realize that communication and coordination among members of a supply chain enhance its effectiveness, creating financial benefits to be shared by the members. We have collected numerical examples covering (1) location decisions, (2) centralized warehousing, (3) lot sizing with deterministic demand, (4) demand forecasting, (5) pricing, and (6) lot sizing with stochastic demand in a newsvendor environment. The examples are suitable for classroom use, and they illuminate the rewards supply-chain members can obtain by eliminating naturally occurring supply-chain inefficiencies and the costs of not doing so. {Professional: OR/MS education. Supply-chain management.) hen each member of a group tries to maximize his or her own benefit without regard to the impact on other members of the group, the overall effectiveness of the group may suffer. Such inefficiencies often creep in when rational members of supply chains optimize individually instead of coordinating their efforts. Nowadays...
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...Unit two Project Art and Architecture Kaplan University Ishmael Andrew Mills Art and Humanities HU: 300-01 Professor Ellie Schamber Tuesday 12, 2012 My unit two project will explore both a piece of architecture and a work of art. I will first begin by locating a piece of architecture that catches my attention then provide a brief detailed explanation of what I see. I will then explain the element of form and function as it relates to the architectural work. Meanwhile I will locate a piece of art work that I find engaging and start by describing the work using terminology from the text. The following question will also be addressed. What is the medium? When was the work made? Is this work abstract or representational? What is the purpose of this art work? And what does it mean to me? For my selection of architecture I have chosen the Burj Al Arab Hotel. Retrieved from the following web link: http://www.dubai-architecture.info/DUB-003.htm The Burj Al Arab hotel is located on Jumeriah Beach Road, Dubai, United Arab Emirates. It was designed by Tom Wright of W.S Watkins. The hotel stands on an artificial island with a height of 919ft and is connected to the mainland by a private bridge. Retrieved from the following web link: http://www.dubai-architecture.info/DUB-003.htm While the hotel was being constructed, the workers had to drive 230 meter long concrete piles into the sand in order for it to have a good secured foundation. The found was protected from erosion by...
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...Consumer Surplus in the Digital Economy: Estimating the Value of Increased Product Variety at Online Booksellers Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139 Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139 The Heinz School of Public Policy and Management, Carnegie Mellon University, Pittsburgh, Pennsylvania 15213 erikb@mit.edu • yuhu@mit.edu • mds@cmu.edu Erik Brynjolfsson • Yu (Jeffrey) Hu • Michael D. Smith W e present a framework and empirical estimates that quantify the economic impact of increased product variety made available through electronic markets. While efficiency gains from increased competition significantly enhance consumer surplus, for instance, by leading to lower average selling prices, our present research shows that increased product variety made available through electronic markets can be a significantly larger source of consumer surplus gains. One reason for increased product variety on the Internet is the ability of online retailers to catalog, recommend, and provide a large number of products for sale. For example, the number of book titles available at Amazon.com is more than 23 times larger than the number of books on the shelves of a typical Barnes & Noble superstore, and 57 times greater than the number of books stocked in a typical large independent bookstore. Our analysis indicates that the increased product variety of online bookstores enhanced...
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...Communications of the Association for Information Systems Volume 17 Article 8 2-23-2006 Using the Balanced Scorecard to Achieve Sustained IT-Business Alignment: A Case Study Qing Hu Florida Atlantic University, qhu@fau C. Derrick Huang Florida Atlantic University, dhuang@fau Follow this and additional works at: http://aisel.aisnet.org/cais Recommended Citation Hu, Qing and Huang, C. Derrick (2006) "Using the Balanced Scorecard to Achieve Sustained IT-Business Alignment: A Case Study," Communications of the Association for Information Systems: Vol. 17, Article 8. Available at: http://aisel.aisnet.org/cais/vol17/iss1/8 This material is brought to you by the Journals at AIS Electronic Library (AISeL). It has been accepted for inclusion in Communications of the Association for Information Systems by an authorized administrator of AIS Electronic Library (AISeL). For more information, please contact elibrary@aisnet.org. Communications of the Association for Information Systems (Volume 17 2006) 181- 204 181 USING THE BALANCED SCORECARD TO ACHIEVE SUSTAINED IT-BUSINESS ALIGNMENT: A CASE STUDY Qing Hu C. Derrick Huang Department of Information Technology & Operations Management Florida Atlantic University qhu@fau.edu ABSTRACT High levels of investments in IT and related products and services by firms over the last several decades produced only mixed results. Research shows that one of the most significant determinants of successful IT investments...
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...Linear Programming (LP) Linear programming, simply put, is the most widely used mathematical programming technique. It has a long history dating back to the 1930s. The Russian mathematical economist Leonid Kantorovich published an important article about linear programming in 1939. George Stigler published his famous diet problem in 1945 (“The Cost of Subsistence”). Of course, no one could actually solve these problems until George Dantzig developed the simplex method, which was published in 1951. Within a few years, a variety of American businesses recognized that they could save millions of dollars a year using linear programming models. And in the 1950s, that was a lot of money. In his book Methods of Mathematical Economics (Springer-Verlag, 1980), Joel Franklin talks about some of the uses of linear programming (LP). In fact, about half of his book is devoted to LP and its extensions. Today, we will analyze one of the examples provided in that book. The example comes from a 1972 article published in the Monthly Review of the Federal Reserve Bank of Richmond. Alfred Broaddus, the author, was trying to explain to bankers how Bankers Trust Company used linear programming models in investment management. His example was simple and effective. The bank has up to 100 million dollars to invest, a portion of which can go into loans (L), and a portion of which can go into securities (S). Loans earn 10%, securities 5%. The bank is required to keep 25% of its invested...
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... b. having larger space and higher WIP c. having smaller space and lower WIP d. increasing the time customers staying in the restaurant e. None of the above b): The manager actually wants to increase the Flow Rate (Throughput Rate). 3. To improve the utilization rate, we can I: Cross-train the workers II: Adopt flexibility equipment III: Shift from MTS systems to MTO systems Choose the most appropriate. a. I b. II c. III d. I and II e. I, II, and III d): MTO and MTS have nothing to do with the utilization, since utilization is a concept for AVERAGE. Cross-trained workers and flexible equipment belong to the same concept—convertible resource, which can improve utilization. 4. Comparing make-to-order systems and make-to-stock systems, which of the following statement is false? a. Make-to-order systems are more responsive to the customer needs. b. Make-to-order systems have lesser or no finished-goods inventory. c. Make-to-stock systems can fulfill customer demand faster d. Make-to-stock systems usually have a lower utilization...
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...International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2015) Study on trade-off of time-cost-quality in construction project based on BIM XU Yongge 1, a, Wei Ya 1, b 1 Xi’an Univ.of arch.﹠Tech., Xi’an 710055, China; a 15829690177@163.com, b631931577@qq.com Keywords: Building information modeling; Construction project; Time-cost-quality trade-off optimization; Genetic algorithm. Abstract. With the development of BIM technology, BIM provides a new direction for the project management of three objectives. Based on the current situation of the project time cost-optimized mass balance studies, pointing out the implementation mechanism of achieving the trade-off of time-cost-quality in construction project based on BIM mainly oriented components of the BIM model based; the use of Structured Query Language query statistics data information needs combined bill of quantities calculation method for the specification, preliminary engineering scale generation; establishment of Project relations system model. In the process duration is subject, for the construction of uncertainty factors such as interest rates and prices, through the establishment of quality, cost and schedule function, the establishment of quality balanced schedule cost optimization model, using genetic algorithm model of the optimal solution are obtained. With BIM case finally proves the rationality of the model and the effectiveness of the...
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...City of Minneapolis Community Planning & Economic Development Development Services Division 250 South 4th St. Room 300 Minneapolis MN 55415-1316 612-673-3000 ADMINISTRATIVE REVIEW OF TELECOMMUNICATION TOWERS, ANTENNAS AND TRANSMISSION BASE SITES APPLICATION 535.470. Purpose. Regulations governing communication towers, antennas and base units are established to provide for appropriate locations for communication towers, antennas and base units, to ensure compatibility with surrounding uses, to promote the co-location of communication antennas, and to preserve the city’s ability to provide a public safety communication system. 535.480. Definitions. As used in this article, the following words shall mean: Base unit. An unstaffed single story structure or weatherproofed cabinet used to house radio frequency transmitters, receivers, power amplifiers, signal processing hardware and related equipment. Communication antenna. A device intended for receiving or transmitting television, radio, digital, microwave, cellular, personal communication service (PCS), paging or similar forms of wireless electronic communication, including but not limited to directional antennas such as panels, microwave dishes and satellite dishes, and omnidirectional antennas, such as whip antennas. Communication antenna, facade mounted. A communication antenna mounted on the facade of a structure such as a building, water tower, clock tower, steeple, stack or existing light pole or communication tower. Public...
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...Kaamashri Latcha Every year, the United States studies and presents reports on hu- man rights practices in more than 190 countries around the world. In the 2010 Human Rights report, China was chastised by the U.S. for its poor human rights record. The Chinese government has been accused of imprisoning citizens for practicing their religious faith and op- pressing freedom of expression and information. The one child per family policy has been attacked continuously by the U.S. and they have also con- demned the arrest, detention and disappearance of Chinese citizens. This latest human rights report issued by the U.S. has highlighted many human rights transgressions in China. Yet the U.S. criticism on China’s human rights has been contradicted by China. As the fastest developing economy in the world, China is intent on defending its position where human rights are concerned. The two countries have had dialogues on human rights issues, the latest being held on April 27-28, 2011 in Beijing. The discourse came after prolonged foot- dragging on the part of both nations; talks were suspended for a few years. Both countries have not been able to publicly accept their human rights errors, but each has been focusing on violations committed by the other. Against the backdrop of military buildup by both countries, the con- troversy over whether the U.S. is morally justified in criticizing China’s hu- man rights can have far reaching and devastating effects for the entire world. The two...
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...British Journal of Nutrition (2006), 96, Suppl. 2, S61–S67 q The Authors 2006 DOI: 10.1017/BJN20061865 Nuts and coronary heart disease: an epidemiological perspective ´ John H. Kelly Jr and Joan Sabate* Department of Nutrition, School of Public Health, Loma Linda University, Loma Linda, CA 92350, USA The epidemiological evidence for the cardio-protective effect of nut consumption is presented and reviewed. Four large prospective epidemiological studies of primary prevention of coronary heart disease are reviewed and discussed (Adventist Health Study, Iowa Women’s Health Study, Nurses’ Health Study and the Physicians’ Health Study). Other studies of nuts and coronary heart disease risk are addressed. The combined evidence for a cardio-protective effect from nut consumption is summarized and presented graphically. The risk of coronary heart disease is 37 % lower for those consuming nuts more than four times per week compared to those who never or seldom consume nuts, with an average reduction of 8·3 % for each weekly serving of nuts. The evidence for a causal relationship between nut consumption and reduced risk of coronary heart disease is outlined using Hill’s criteria for causality and is found to support a causal cardio-protective relationship. Nuts: Cardiovascular: Coronary heart disease: Diabetes: Cohort studies: Causality: Hill’s criteria Nuts have constituted a part of mankind’s diet since pre-agricultural times (Eaton & Konner, 1985), providing a complex food...
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...SCHAUM’S outlines SCHAUM’S outlines Linear Algebra Fourth Edition Seymour Lipschutz, Ph.D. Temple University Marc Lars Lipson, Ph.D. University of Virginia Schaum’s Outline Series New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2009, 2001, 1991, 1968 by The McGraw-Hill Companies, Inc. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. ISBN: 978-0-07-154353-8 MHID: 0-07-154353-8 The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-154352-1, MHID: 0-07-154352-X. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. To contact a representative please e-mail us at bulksales@mcgraw-hill.com. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies,...
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